Latest news
Huge offshore wind park launches in North Sea after $3 billion support
One of the world’s biggest offshore wind farms is officially launched. The Gemini Offshore Wind Park, which is located 85 kilometers off the coast of the Netherlands and has a capacity of 600 megawatt (MW), covers 68 square kilometers and has 150 Siemens wind turbines. Around 2.8 billion euros ($3.05 billion) was invested in the project.
read more... 10/05/2017
EU offshore attracted a record investment of €18 billion in 2016
A record of €18.2 billion in new offshore wind farms in Europe was invested last year, out of total wind farm investments of €43 billion, according to data published by WindEurope.
read more... 09/05/2017
Germany authorised low cost offshore wind farms beyond 2020
Germany authorized 1,490 megawatts (MW) of offshore wind capacity on the German North Sea at lower than expected costs, proving that the renewable energy source can operate with lower support payment than it presently gets.
read more... 18/04/2017
EBRD reduces financing for Polish renewables due to investment uncertainty
The European Bank for Reconstruction and Development reduced its support for wind farms in Poland since there are less projects as government policies have made them unprofitable, as stated by a top EBRD official.
read more... 18/04/2017
UK: wind farms could get paid to switch off
Wind farms could get paid to stop working if the energy they produce oversupplies the power grid.
read more... 12/04/2017